Local content has traditionally been the domain of the oil and gas sector, with policies designed to ensure resource-rich countries benefit from the exploitation of their natural resources. However, limiting local content to a single sector presents significant risks to…
Local content is more than just a buzzword; it’s a vital economic strategy aimed at enhancing the participation of local businesses, communities, and talent in various industries. Historically, local content policies emerged in the extractive industries, especially oil and gas, as a…
Local content policies in the extractive industries, such as mining and oil and gas, have evolved over the years as countries and communities around the world began recognizing the need for sustainable, inclusive growth driven by resource-based industries. These policies…